Baobab Microfinance Bank Nigeria Limited, a subsidiary of Baobab Group, France, says it has received certification for ISO 22301 (Business Continuity Management Systems) and ISO/IEC 27001 (Information Security Management Systems).
The certifications in both international standards confirm the bank’s commitment to guaranteeing customers’ data protection and transaction security.
ISO certifications are globally recognised standards that provide guidelines for quality management, information security management, business continuity management, and other areas.
The certifications in both standards (ISO 22301 and ISO/IEC 27001) have been conferred by the International Standard Organization (ISO) on the bank after the final audit of its policies and standard operating procedures and processes.
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Jonas Nyaye, Ag. MD/CEO of Baobab Nigeria, expressed satisfaction with the achievement and emphasised the bank’s commitment to high operational and customer service quality standards by continuously conforming with the ISO certification requirements.
The bank recently launched three new digital products at its headquarters in Lagos.
Unveiling the products during a virtual session, the bank’s Chief Digital Officer, Chukwuka Obike, revealed that the bank is now “offering Taka Loan for Savers, Micro-Health Insurance, and POS terminals to delight our valued customers.”